Liaison Office Can Do Any Legal Trade: Carrie Lam
"); jQuery("#212 h3").html("
"); });
2018-05-29 HKT 11:39
Share this story
Chief Executive Carrie Lam said on Tuesday that Beijing's liaison office here can carry out any relevant business it wishes as long as it is legal.
Lam was responding to an RTHK report which confirmed the office has indirect ownership of the local publishing conglomerate, Sino United Publishing Holdings Limited, which runs more than half of the city's bookstores.
When asked whether this arrangement goes against the "One Country, Two Systems principle", Lam said the office could do other work related to its operational objectives, provided it was within the law.
Lam also said one shouldn't interfere with the work of the liaison office.
Jean-Louis Tse Appointed CEO Of FinTech Association Of Hong Kong
The FinTech Association of Hong Kong (FTAHK) has appointed Jean-Louis Tse as its new CEO. Jean-Louis brings over 20 yea... Read more
XTransfer To Present Compliance And SME Solutions At Hong Kong Fintech Week
XTransfer will participate in Hong Kong Fintech Week 2025 as the event’s Official Fintech Partner. This marks the sec... Read more
Hang Seng E-HKD Pilots Reveal Gains In SME Cash Flow And Efficiency
Hang Seng Bank has completed two use cases in Phase 2 of the e-HKD Pilot Programme under the Hong Kong Monetary Authori... Read more
FundPark Raises US$71M After Surpassing US$6B In ECommerce Financing
FundPark, a Hong Kong-based technology company providing financing solutions for eCommerce businesses, has raised US$71... Read more
Hang Seng Bank Launches “JustPay” With Voice Recording Payment Feature
Hang Seng Bank has introduced “JustPay”, an industry-first payment experience featuring a voice recording function.... Read more
How To Build An AI First Bank | Malaysia Banking CxO Roundtable
AI is changing banking faster than ever, from how banks detect fraud to how customers interact with apps. In this round... Read more